Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-09-16-Speech-3-018"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20090916.4.3-018"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Mr President, we need democratic revolution. That is clear from this process, which has luckily gained momentum with what is presently the G20, because more may join; one could even imagine a G3. How would it be if the Council helped in establishing a democratic control mechanism, especially given its tradition of consensus? It need not be a world parliament straight away, but what is being promoted needs democratic scrutiny by elected parliamentarians within a far bigger forum than the European Parliament.
I should also like to specifically point out that the question of systemic risks must be approached at its core. With reference in particular to the tiresome situation we keep finding ourselves in, starting back in 1998, with LTCM, Hypo Real Estate and, of course, Lehman, and the knock-on effects, rules should emerge from this that make it impossible to end up with the basic problem of ‘too big to fail’. This can, of course, be done through cartel legislation, but it is certainly also a fundamental global question.
As far as a global transaction tax is concerned, the Tobin tax group was set up here in the European Parliament back in 1999. It is good that there has been progress here. As far as the supervisory package is concerned, we urgently need to act on a European scale and not to allow ourselves to be held back by those who want the wrong Europe."@en1
|
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples